2025-11-13T15:12:08-06:00 2024-12-31 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2024-01-01 391155932 REALTORS ASSOCIATION OF NORTHEAST WISCONSIN INC REAL 9207079900 W6124 AEROTECH DRIVE APPLETON WI 54914 PAULA HALL EXECUTIVE VICE PRESIDENT 9207079900 2025-10-30 1 1 DOUGLAS BERRY P00540951 6088318181 2024 2025-03-06 01:10:19Z PAULA HALL W6124 AEROTECH DRIVE APPLETON WI 54914 2259810 0 X WWW.RANW.ORG X 1971 WI THE REALTORS ASSOCIATION OF NORTHEAST WISCONSIN, INC., STRIVES, THROUGH COLLECTIVE AND COOPERATIVE SERVICES, TO ENHANCE THE COMPETENCY AND INTEGRITY BY WHICH ITS MEMBERS WILL SUCCEED. 9 9 15 300 19101 0 0 0 1223126 1509689 46716 141895 122178 137108 1392020 1788692 0 0 0 0 1198889 1396591 0 0 0 292136 324689 1491025 1721280 -99005 67412 6458749 6615886 1074685 870696 5384064 5745190 X THE REALTORS ASSOCIATION OF NORTHEAST WISCONSIN, INC., STRIVES, THROUGH COLLECTIVE AND COOPERATIVE SERVICES, TO ENHANCE THE COMPETENCY AND INTEGRITY BY WHICH ITS MEMBERS WILL SUCCEED. 0 0 PROFESSIONAL DEVELOPMENT - PROFESSIONAL DEVELOPMENT PROGRAMS OFFER EDUCATIONAL OPPORTUNITIES TO ADVANCE THE PRACTICE AND PROFESSIONALISM OF MEMBERS. PROFESSIONAL STANDARDS - PEER-TO-PEER ARBITRATION HEARINGS, HEARINGS OF ALLEGED UNETHICAL CONDUCT, AND MEDIATION/OMBUDS OF DISPUTES BY TRAINED VOLUNTEERS FOR MEMBERS AND THEIR CLIENTS/CUSTOMERS. ASSOCIATION PROVIDES TRAINING TO THE VOLUNTEERS, AND ADMINISTRATION OF THE PROFESSIONAL STANDARDS PROCESS. NEIGHBORHOOD OUTREACH - ANNUAL OUTREACH BY MEMBER VOLUNTEERS TO RESIDENTS IN MULTIPLE MARKET AREAS IN NEED FOR FALL YARD CLEAN-UP, IN COORDINATION WITH AREA HOUSING GROUPS. HOUSING ADVOCACY, PLUS DIVERSITY, EQUITY, INCLUSION (DEI) - INVOLVED WITH COMMUNITY HOUSING GROUPS AND LOCAL GOVERNMENT TO PROMOTE AFFORDABLE AND EQUITABLE HOUSING OPPORTUNITIES. EDUCATES MEMBERS REGARDING HOUSING AFFORDABILITY, INCLUSION ETC. PROMOTES POLICIES AND EDUCATION REGARDING REAL ESTATE PRACTICE IN COMPLIANCE WITH FEDERAL AND STATE FAIR HOUSING LAWS, AND THE CODE OF ETHICS.CONTINUING EDUCATION - C.E. SERIES OFFERED TO MEMBERS TO FULFILL WISCONSIN LICENSING RENEWAL REQUIREMENTS FOR RESIDENTIAL, COMMERCIAL AND APPRAISAL SPECIALTIES. OFFERED IN CONJUNCTION WITH THE WISCONSIN REALTORS ASSOCIATION. AVAILABLE TO ALL MEMBERS. RESIDENTIAL CE 2024: 74 ATTENDED.NEW MEMBER ORIENTATION -- LIVE CLASSES (ONLINE 2020-2022 DUE TO PANDEMIC) DESIGNED TO WELCOME AND EDUCATE NEW MEMBERS ON TOPICS SUCH AS FAIR HOUSING, PROFESSIONAL STANDARDS, ANTI-TRUST, SAFETY, ASSOCIATION POLICIES & BYLAWS, ETC., PRESENTED BY EXPERIENCED MEMBER INSTRUCTORS THROUGHOUT THE YEAR. REQUIRED OF ALL RANW REALTOR MEMBERS; 200 NEW MEMBERS JOINED IN 2024.TRIENNIAL ETHICS TRAINING - COURSES FOR REALTORS TO COMPLETE NAR REALTOR MEMBERSHIP REQUIREMENT. DEADLINE DECEMBER 2024. ALL REALTORS NEEDED TO COMPLETE; COMPLIANCE RESPONSIBILITY OF LOCAL ASSOCIATION.LEGAL UPDATES/MARKET OUTREACH - UPDATES PROVIDED AS NEEDED ON TOPICAL LEGAL ISSUES RELEVANT TO REAL ESTATE, SUCH AS NEW REAL ESTATE FORMS, LICENSE LAW, LOCAL, STATE AND FEDERAL LAWS, MUNICIPAL ORDINANCES, LOCAL COMMUNITY ISSUES, CODE OF ETHICS, ETC. AVAILABLE TO ALL MEMBERS.MEMBERSHIP MEETINGS - TWO MEETINGS TYPICALLY HELD ANNUALLY: ANNUAL MEETING & ELECTIONS, AS WELL AS BOARD OF DIRECTORS INSTALLATION, OR AN EDUCATION SESSION. UPDATE FROM LEADERSHIP ON ASSOCIATION BUSINESS, SPEAKERS ON SUBJECTS RELEVANT TO THE REAL ESTATE INDUSTRY. AVAILABLE TO ALL MEMBERS; ATTENDANCE 450.REAL ESTATE DESIGNATION COURSES - RANW OFFERS EDUCATIONAL DESIGNATION COURSES IN CONJUNCTION WITH NATIONAL (NAR) AND WISCONSIN REALTORS ASSOCIATIONS (WRA) SUCH AS ACCREDITED BUYER AGENCY (ABR), GRADUATE REALTORS INSTITUTE (GRI), CERTIFIED RESIDENTIAL SPECIALIST (CRS), BPO CERTIFICATION, SENIORS REAL ESTATE SPECIALIST (SRES), AT HOME WITH DIVERSITY (AHWD), IMPLICIT BIAS TRAINING, FAIRHAVEN, ETC. MEMBER RECOGNITION - RANW OFFERS EXCELLENCE IN PROFESSIONALISM AWARDS EACH YEAR FOR OUTSTANDING SERVICE TO THE INDUSTRY AND COMMUNITY.REAL ESTATE FORMS - RANW CREATES, WITH THE STATE ASSOCIATION LEGAL TEAM, LOCAL ADDENDA TO STANDARD FORMS SPECIFIC TO THE NORTHEAST WISCONSIN REAL ESTATE MARKETS FOR THE BENEFIT OF PRACTITIONERS AND THEIR CLIENTS AND CUSTOMERS. AVAILABLE TO ALL MEMBERS; WIDELY USED. GOVERNMENT AFFAIRS - THE ASSOCIATION, THROUGH ITS GOVERNMENT AFFAIRS DIRECTOR, EXECUTIVE VICE-PRESIDENT, LEADERSHIP AND VOLUNTEERS, ADVOCATES FOR THE ASSOCIATION, ITS MEMBERSHIP AND THE REAL ESTATE INDUSTRY IN ISSUES RELATED TO GOVERNMENT AND PUBLIC POLICY MATTERS VIA THE ACTIVITIES BELOW. ALL MEMBERS OF THE ASSOCIATION BENEFIT FROM THE ACCOMPLISHMENTS OF THESE EFFORTS AS THIS WORK IS OF DIRECT INTEREST TO THE ASSOCIATION AND DIRECTLY AFFECTS THE TRADE AND BUSINESS OF THE ASSOCIATION AND ITS MEMBERS. GA ACTIVITIES INCLUDE:MONITORING RELEVANT LEGISLATIVE AND PUBLIC POLICY MATTERS AT THE LOCAL GOVERNMENT LEVEL SUCH AS LAND USE REGULATIONS AND TAX AND FEE PROPOSALS THAT MAY HAVE A POTENTIAL IMPACT ON THE REAL ESTATE INDUSTRY AND COORDINATING GRASSROOTS ADVOCACY EFFORTS ON THOSE ISSUES.IN COORDINATION WITH THE WISCONSIN REALTORS ASSOCIATION (WRA) AND THE NATIONAL ASSOCIATION OF REALTORS (NAR), ENGAGING MEMBERS OF THE LOCAL ASSOCIATION IN GRASSROOTS ADVOCACY EFFORTS REGARDING LOCAL, STATE AND FEDERAL ISSUES.BUILDING PARTNERSHIPS AND COLLABORATION WITH ALLIED ORGANIZATIONS AS WELL AS PUBLIC OFFICIALS. GRASSROOTS MEMBER OUTREACH TO FACILITATE COMMUNICATION WITH LOCAL PUBLIC OFFICIALS AND CANDIDATES FOR LOCAL PUBLIC OFFICE.KEEPING MEMBERS INFORMED AND EDUCATED ON PUBLIC POLICY ISSUES RELATED TO THE REAL ESTATE INDUSTRY AND ACTIONS INVOLVING THE FEDERAL, STATE AND LOCAL ASSOCIATION VIA NEWSLETTERS, EMAIL UPDATES, WEBSITE AND OFFICE VISITS. ORGANIZING MEMBERS THROUGH COMMITTEES TO HELP PROVIDE INPUT AND DIRECTION REGARDING ASSOCIATION POSITIONS ON PUBLIC POLICY ISSUES RELATED TO THE TRADE AND BUSINESS OF THE MEMBERS.HELPING FORMULATE AND DISSEMINATE COMMUNICATION WITH THE MEDIA, SOMETIMES ACTING AS A SPOKESPERSON FOR THE ASSOCIATION. COMMUNICATIONSNEWSLETTER - MONTHLY NEWSLETTER PROVIDING REAL ESTATE NEWS; EDUCATION, EVENT, TRAINING AND COMMITTEE INFORMATION. DISTRIBUTED TO ALL MEMBERS (OVER 2,500) AND VARIOUS RELATED ORGANIZATIONS.MEMBER EMAILS - ISSUE-BASED ALERTS OF INFORMATION RELEVANT TO THE MEMBERS' BUSINESS AND ASSOCIATION ACTIVITIES, SENT TO ALL MEMBERS OR COMPANY BROKERS AS RELEVANT. ANNUAL REPORT - UPDATE OF ASSOCIATION AND COMMITTEE ACTIVITIES DISTRIBUTED AT ANNUAL MEETING. AVAILABLE TO ALL MEMBERS.WEBSITE - CONTENT INCLUDES MEMBERSHIP INFORMATION, GOVERNING DOCUMENTS, RULES, FORMS, PROGRAM INFORMATION, NEWS OF CURRENT ASSOCIATION AND INDUSTRY TOPICS, PROFESSIONAL STANDARDS FORMS AND INFO, EDUCATIONAL OPPORTUNITIES, PROMOTION OF EVENTS, TRAINING NOTICES, COMMERCIAL UPDATES, GOVERNMENT AFFAIRS, AND LINKS TO RELATED ORGANIZATIONS AND AGENCIES. AVAILABLE TO ALL MEMBERS.MEMBERSHIP SEARCH & DIRECTORY - ANNUAL MEMBERSHIP DIRECTORY IS PUBLISHED ELECTRONICALLY, INCLUDES MEMBER AND FIRM CONTACT INFORMATION, ASSOCIATION CONTACT INFORMATION, EMAIL AND WEB ADDRESSES, RELATED INDUSTRY CONTACT INFO, UPDATED CODE OF ETHICS, EQUAL OPPORTUNITY INFO, ETC. AVAILABLE TO ALL MEMBERS (APPROXIMATELY 2,700).MESSAGING: THE ASSOCIATION SERVES AS THE LOCAL VOICE FOR R.E. REPORTING & PROMOTING REAL ESTATE TRENDS AND ISSUES THROUGH ASSOCIATION 0 0 1 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 9 0 15 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X X PAULA HALL 7152121711 W6124 AEROTECH DRIVE APPLETON WI 54914 MICHAEL SEWELL PAST PRESIDENT 1.00 1.00 X 0 0 0 DIANE CAMPSHURE-WALCZYK PRESIDENT 4.00 4.00 X X 0 0 0 PAT KASTER SECRETARY/TREASURER 2.00 2.00 X X 0 0 0 ANDREW BEISER DIRECTOR 1.00 1.00 X 0 0 0 BENJAMIN LYONS DIRECTOR 1.00 1.00 X 0 0 0 JILL DICKSON-KESLER PRESIDENT ELECT 1.00 1.00 X X 600 0 0 MICHAEL KUNESH DIRECTOR 2.00 2.00 X 600 600 0 JENELLE BRUNO DIRECTOR 1.00 1.00 X 0 0 0 PAULA HALL EXECUTIVE VICE PRESIDENT 34.00 34.00 X X 61260 61260 28998 MIKE KARISNY DIRECTOR 2.00 2.00 X 0 0 0 TYLER JEDWABNY DIRECTOR 1.00 1.00 X 0 0 0 MARGERY CHAPMAN FORMER EVP 34.00 34.00 X 192410 192410 42184 254870 254270 71182 1 1 1 0 0 ADMINISTRATIVE SERVICE 561000 821722 821722 MEMBERSHIP DUES & FEES 531390 670719 670719 EDUCATIONAL SERVICES 531390 17248 17248 1509689 32993 32993 79283 53341 25942 25942 25942 522950 414048 108902 108902 108902 22830 3729 19101 19101 MISCELLANEOUS INCOME 900099 88345 88345 TRANSFER FEES 900099 3720 3720 92065 1788692 1601754 19101 167837 60975 1140714 108162 86740 2028 15105 7809 1000 41241 51067 4936 24735 3136 20721 MEMBERSHIP EVENTS 99548 PRODUCTS AND SERVICES 43204 MISCELLANEOUS EXPENSE 10159 1721280 41232 64463 661762 578739 40522 39274 771 518 16468 23521 1389094 855877 548059 533217 1570272 1552246 3579663 3823908 6458749 6615886 237475 180025 552377 534263 149316 132371 135517 24037 1074685 870696 X 5384064 5745190 5384064 5745190 6458749 6615886 X 67412 49469 244245 X X 1 X 0 1 0 REALTORS POLITICAL ACTION COMMITTEE 4801 FOREST RUN ROAD 201 MADISON WI 53704 237082147 8650 0 0 0 652534 10778 218 10996 10008 988 PART I-A, LINE 1: DIRECT LOBBYING EXPENSES ARE PRIMARILY RELATED TO LOCAL GOVERNMENT ADVOCACY EFFORTS BY THE GOVERNMENT AFFAIRS DIRECTOR, SPECIFICALLY TIME AND MILEAGE AND A MINIMAL AMOUNT OF OTHER EXPENSES, INCLUDING ANY TRAVEL-RELATED EXPENSES. 147980 147980 1056292 723784 332508 184822 132093 52729 533217 INVESTMENT IN REALTORS ASSOC OF NORTHEAST WI - MULTIPLE LISTING SERVICE INC 3823908 3823908 FINANCE LEASE OBLIGATION 24037 24037 X 1 1 X X X X X 0 1 0 MARGERY CHAPMAN FORMER EVP 192410 192410 0 0 0 0 21092 21092 0 0 213502 213502 0 0 PAULA HALL EXECUTIVE VICE PRESIDENT 60975 60975 0 0 285 285 6753 6753 7746 7746 75759 75759 0 0 PART I, LINE 1A COMPENSATION FOR COMPANION TRAVEL IS LIMITED TO PRESIDENT, PRESIDENT-ELECT OR NAR DIRECTOR REPRESENTATIVE. FLAT AMOUNT OF $600 PER TRIP, SUBJECT TO A TRAVEL POLICY APPROVED BY THE BOARD OF DIRECTORS. PRESIDENT OR PRESIDENT-ELECT MAY ALSO RECEIVE A SUM FOR NON-MEETING OPTIONAL EVENTS TIED TO NAR CONFERENCES. BOTH OF THESE ARE REPORTED ON COMPENSATION PAGE. OTHER COMPENSATION TO MEMBER VOLUNTEERS IS LIMITED TO REIMBURSEMENT OF BUSINESS EXPENSES WITH RECEIPTS AS REQUIRED BY IRS. PART I, LINE 4B THE ORGANIZATION HAS A DEFERRED COMPENSATION AGREEMENT WITH ITS EXECUTIVE VICE PRESIDENT PROVIDING BENEFITS TO BE PAID AS A LUMP SUM DISTRIBUTION WITHIN 90 DAYS OF RETIREMENT, DISABILITY, OR CHANGE IN CONTRACT. THE LIABILITY FOR THIS ARRANGEMENT IS SHARED BETWEEN THE ORGANIZATION AND THEIR WHOLLY OWNED CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 THERE SHALL BE EIGHT CLASSES OF MEMBERS, AS FOLLOWS: (A) REALTOR MEMBERS (B) INSTITUTE AFFILIATE MEMBERS (C) AFFILIATE MEMBERS (D) PUBLIC SERVICE MEMBERS (E) HONORARY MEMBERS (F) STUDENT MEMBERS (G) LIFE MEMBERS (H) SPECIAL SERVICES EMPLOYEE MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS ELECT THE DIRECTORS OF THE GOVERNING BODY AND OFFICERS ARE ELECTED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS CANNOT INCUR ANY OBLIGATION IN EXCESS OF $100.00 OVER THE AVAILABLE FUNDS ON HAND WITHOUT AUTHORIZATION BY VOTE OF A MAJORITY OF THE MEMBERS AT WHICH A QUORUM IS PRESENT FOR THE TRANSACTION OF BUSINESS. WITHIN 30 DAYS FROM THE DATE OF PUBLICATION OF ANY BOARD APPROVED AMENDMENTS TO THE BYLAWS NOT REQUIRED BY THE NATIONAL ASSOCIATION OF REALTORS, IF A PETITION IS SIGNED BY 5% OF THE MEMBERS ELIGIBLE TO VOTE, THEN THE AMENDMENT(S) IN QUESTION SHALL BE SUBMITTED TO THE MEMBERS FOR A VOTE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS, INCLUDING THE EXECUTIVE COMMITTEE, PRIOR TO SUBMISSION OF THE FINAL RETURN. ANY ISSUES ARE IMMEDIATELY ADDRESSED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS GIVEN A COPY OF THE CONFLICT POLICY EACH YEAR AND SIGNS AN ACKNOWLEDGMENT. OFFICERS AND DIRECTORS SHALL PROMPTLY DISCLOSE ALL MATERIAL FINANCIAL INTERESTS AND ANY OTHER CIRCUMSTANCES WHICH MAY RESULT IN A MATERIAL CONFLICT OF INTEREST TO THE EXECUTIVE VICE PRESIDENT. THE DISCLOSURE SHALL BE MADE NO LATER THAN THREE DAYS PRIOR TO THE DISCUSSION OF ANY MATTER RELATING TO THE FINANCIAL INTEREST OR OTHER CONFLICT OF INTEREST. THE RANW EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL SHALL DETENMINE IF A MATERIAL CONFLICT OF INTEREST EXISTS. IF IT IS DECIDED THAT A MATERIAL CONFLICT OF INTEREST EXISTS, THE DIRECTOR OR OFFICER SHALL BE PROMPTLY NOTIFIED OF THE DECISION. IF THE MATERIAL CONFLICT OF INTEREST RELATES TO A MATTER WHICH IS THE SUBJECT OF CURRENT OR UPCOMING DISCUSSION, THE DIRECTOR OR OFFICER SHALL NOT: 1) PARTICIPATE IN THE DISCUSSION OF THE MATTER WITHOUT FULL DISCLOSURE OF THE MATERIAL CONFLICT OF INTEREST PRIOR TO PARTICIPATION IN THE DISCUSSION; 2) VOTE ON ANY MATTER FOR WHICH THE DIRECTOR OR OFFICER HAS A MATERIAL CONFLICT OF INTEREST. THE BOARD MAY ASK DIRECTORS WITH MATERIAL CONFLICTS OF INTEREST TO LEAVE THE MEETING DURING DISCUSSION OF THE MATTER GIVING RISE TO THE CONFLICT. THE BOARD MINUTES SHOULD STATE WHICH DIRECTORS OR OFFICERS WERE PRESENT FOR THE DISCUSSION, THE CONTENT OF THE DISCUSSION AND ANY ROLL CALL OF THE VOTE. FORM 990, PART VI, SECTION B, LINE 15A IN 2024, THE EXECUTIVE DIRECTOR (EVP)'S SALARY WAS ESSENTIALLY UNCHANGED EXCEPT FOR COST-OF-LIVING INCREASES THAT APPLY TO MOST STAFF. ANY COST OF LIVING INCREASE IS APPROVED GENERALLY (NOT FOR SPECIFIC EMPLOYEES) IN THE ANNUAL BUDGET FOR THE FOLLOWING YEAR. IF COMPENSATION CHANGES BEYOND CPI (WHICH IS APPROVED BY FINANCE COMMITTEE AND BOARD OF DIRECTORS), REVIEW CHAMBER SURVEYS, ASSOCIATION MANAGEMENT INDUSTRY SURVEYS, OR OTHER SIMILAR ORGANIZATIONS IN THE STATE AND NATIONALLY. COMPENSATION DECISIONS ARE MADE BY INDIVIDUALS WHO DO NOT HAVE ANY CONFLICT OF INTEREST IN THE DECISION BEING MADE. ALL COMPENSATION DECISIONS ARE SUBSTANTIATED WHEN THERE IS A CHANGE IN COMPENSATION. TOP MANAGEMENT OFFICIAL'S COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS AND PERSONNEL COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS & CONFLICT OF INTEREST POLICY ARE POSTED ON THE ASSOCIATION'S WEBSITE AND DISTRIBUTED TO DIRECTORS EACH YEAR. FINANCIAL STATEMENTS AVAILABLE ON REQUEST UNLESS COMPETITIVE SENSITIVITY WARRANTS OTHERWISE. FORM 990, PART XI, LINE 9: EQUITY IN UNDISTRIBUTED NET INCOME OF SUBSIDIARY 244,245. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR. REALTORS ASSOCIATION OF NORTHEAST WISCONSIN POLITICAL ACTION COMMITTEE W6124 AEROTECH DRIVE APPLETON WI 54914 872678640 POLITICAL ADVOCACY WI 527 REALTORS ASSOCIATION OF NORTHEAST WISCONSIN INC 1 REALTORS ASSOCIATION OF NORTHEAST WISCONSIN FOUNDATION INC W6124 AEROTECH DRIVE APPLETON WI 54914 990973054 MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS WI 501(C)(3) LINE 1 N/A 0 REALTORS ASSOCIATION OF NORTHEAST WISCONSIN MULTIPLE LISTING SERVICES INC W6124 AEROTECH DRIVE APPLETON WI 54914 391041104 TO ENHANCE COOPERATION AMONG MARKET PARTICIPANTS WI REALTORS ASSOCIATION OF NORTHEAST WISCONSIN MULTIPLE LISTING SERVICES INC C 2108833 4119140 1.00000 1 1 0 0 0 1 0 0 0 0 1 0 1 0 1 1 0 1 0 0 REALTORS ASSOCIATION OF NORTHEAST WISCONSIN MULTIPLE LISTING SERVICES INC A 79283 FMV REALTORS ASSOCIATION OF NORTHEAST WISCONSIN MULTIPLE LISTING SERVICES INC L 787134 FMV PART IV, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS CORP OR TRUST: NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: REALTORS ASSOCIATION OF NORTHEAST WISCONSIN MULTIPLE LISTING SERVICES, INC. EIN: 39-1041104 W6124 AEROTECH DRIVE, APPLETON, WI 54914 PRIMARY ACTIVITY: TO ENHANCE COOPERATION AMONG MARKET PARTICIPANTS DIRECT CONTROLLING ENTITY: REALTORS ASSOCIATION OF NORTHEAST WISCONSIN MULTIPLE LISTING SERVICES, INC. PART IV, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS CORP OR TRUST: NAME OF ORGANIZATION: REALTORS ASSOCIATION OF NORTHEAST WISCONSIN MULTIPLE LISTING SERVICES, INC. DIRECT CONTROLLIING ENTITY: REALTORS ASSOCIATION OF NORTHEAST WISCONSIN MULTIPLE LISTING SERVICES, INC. PART V, LINE 2(1) THE ORGANIZATION RECEIVES FAIR VALUE RENT FROM ITS 100% OWNED SUBSIDIARY. ALL OF THE RENT MEETS THE DEFINITION OF A QUALIFYING SPECIFIED PAYMENT AND IS NOT IN EXCESS OF FAIR MARKET VALUE. THEREFORE, NO AMOUNT IS CURRENTLY SUBJECTED TO UNRELATED BUSINESS INCOME.